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Steve Jobs: backdating criminal?



Holman Jenkins points out in today's WSJ that Jobs was just doing the same thing that the so-called backdating criminals at Brocade and Comverse were doing -- aggressively recruiting top talent in a difficult market. I discuss what this says about the perils of criminalizing agency costs.

 

 


Rafael Mangual
Project Manager,
Legal Policy
rmangual@manhattan-institute.org

Katherine Lazarski
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.